Goldman Sachs Electronic Trading is expanding its algorithmic trading offerings in Canada.

GSET Wednesday announced the addition of four new strategies to its Canadian and interlisted equities algorithmic suite, including offerings that: aggregate liquidity across multiple public and dark venues; aggregate liquidity across multiple dark and grey venues; allow traders to capture all displayed and dark liquidity up to the order’s limit price without posting to public markets; and provide a single point of access to the range of Goldman Sachs algorithmic strategies.

The firm added that this is part of a larger initiative designed to rapidly adapt to market structure changes, improve ease of use, and create global consistency across GSET’s multi-asset offering of algorithms.

“A broad and flexible algorithmic offering is critical for the rapidly evolving Canadian marketplace,” said Darren Sumarah, vice president, Goldman Sachs Electronic Trading in Toronto. “Our clients continue to seek increasingly sophisticated strategies and intelligent liquidity-seeking behavior. Yet at the same time, traders are also demanding simpler workflows with intuitive and consistent order entry.”

IE